Soybeans were modestly higher on short covering and technical buying but posting week to week losses. Contracts were due for a bounce and harvest activity in some areas has been delayed by rain. Some damage has been caused by this month’s weather, but the full extent won’t be known for a while. Unknown destinations bought a total of 260,000 tons of U.S. soybeans, with 200,000 tons for delivery in 2018/19 and the remainder for 2019/20.
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